Abu Dhabi / WAM The Department of Municipal Affairs and Transport, represented in the Municipality of the Dhafra Municipality, signed an investment agreement worth AED222 million to develop the central market in Madinat Zayed in the Dhafra Region in co-operation and partnership with the private sector, according to the Build, Operate, Transfer (BOT) model. The agreement was signed during the ...

  DUBAI / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, on Tuesday announced the launch of sales of the third edition of the Arabella Townhouses (Arabella 3) in response to high customer demand. The launch of sale of Arabella 3 comes in the wake of an enthusiastic market response to Arabella 1 ...

  ON THE MEDITERRANEAN SEA / AP As usual, it started with a call on a satellite phone from Italian rescue officials in Rome. They were relaying a distress call they’d received from a migrant smuggling ship adrift somewhere off the coast of Libya. On board the Golfo Azurro, Guillermo Canardo was taking notes. “Two boats,” he said. “One hundred people ...

  Abu Dhabi / WAM Sultan bin Saeed Al Mansoori, Minister of Economy, discussed ways to establish a new phase of economic and trade cooperation based on further exchange of investments and the development of partnerships in sectors of mutual interest with Kadri Veseli, President of the Parliament of the Republic of Kosovo. The talks were held at the ministry’s headquarters ...

  Abu Dhabi / WAM Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is leading the largest delegation it has ever taken to the Arabian Travel Market (ATM) later this month in a bid to capitalise and increase on record numbers of guest arrivals into the emirate. The authority will be joined by 67 interested parties representing 115 products at the ...

  Abu Dhabi / Emirates Business His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, on Tuesday opened ‘Cityscape Abu Dhabi 2017’ at Abu Dhabi National Exhibition Centre (ADNEC) which is regarded as the key barometer for the region’s property sector, Cityscape Abu Dhabi acts as a platform for developers, investors, real estate professionals ...

  Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, visited the Mubadala Real Estate and Infrastructure stand on Tuesday at this year’s Cityscape Abu Dhabi. Mubadala Real Estate and Infrastructure unveiled the masterplan for Arzanah, a new community development designed to become the new urban destination of Zayed Sports City. The ...

  Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of Dalma Port marine service station located on Dalma Island in Abu Dhabi. The temporary facility is designed to meet the requirements of fishermen and boat owners on the island until an integrated marine service station is set up within Dalma Port. Located in the new Dalma Island Port, ...

  Bloomberg The pound jumped after British Prime Minister Theresa May announced an early general election. European stocks declined as traders caught up with a swathe of geopolitical events following the long weekend. Sterling swung from gain to loss and back again versus the dollar as May set the vote for June 8, before rallying to the highest since February ...

  DUBAI / Reuters Dubai’s stock market rose in a broad-based rally on Tuesday while other Gulf bourses were sluggish, with Saudi Arabian banks trading mixed after first-quarter earnings announcements. The Dubai index rose 0.9 percent to 3,496 points, rebounding from near technical support on its March low of 3,435 points. Nine of the 10 most heavily traded stocks gained ...